Establishes the 7-member Joint Legislative Commission on Market Rate Compensation for Teachers (Commission) to study and report on public school teacher compensation in North Carolina as compared to other states nationwide, including the seven matters listed. Provides for membership, vacancies, meetings, and staff through the Legislative Services Commission. Requires the Commission to hold at least five public meetings. Authorities an interim report to the 2025 NCGA, 2026 Regular Session, to be submitted before it convenes. Requires a final report by the end of the 2026 Regular Session. Sunsets the Commission at the earlier of December 31, 2026, or the submission of its final report.